XM Group vs FXTM: Complete Comparison for North Macedonia Traders (2026)

Trading costs are a critical factor for North Macedonia traders. XM Group offers lower average spreads on major pairs like EUR/USD (from 0.6 pips) compared to FXTM (from 1.0 pips) on standard accounts. For a trader executing 10 lots per month, this difference saves approximately $40 in spread costs with XM. Both brokers charge no commissions on standard accounts, but FXTM’s higher spreads can add up over time. XM also provides a Micro account with ultra-low minimum trade sizes, ideal for smaller retail accounts in North Macedonia.

Both XM Group and FXTM offer MetaTrader 4 and MetaTrader 5, the industry-standard platforms preferred by North Macedonia traders for their advanced charting, automated trading, and mobile access. XM also provides its own XM WebTrader for browser-based trading. FXTM adds FXTM Trader, a proprietary mobile app with integrated educational content. For local traders, platform stability and speed are key, and both brokers deliver reliable execution on MT4/MT5, though XM’s platform has a slight edge in execution speed.

Execution quality is strong at both brokers, but XM Group has a slight advantage with no requotes and a 99.35% order execution rate within 1 second. FXTM also offers fast execution with an average of 0.1 seconds on MT4, but some slippage may occur during high volatility. For North Macedonia traders trading news events, XM’s zero-rejection policy ensures orders are filled without delays.

Neither XM Group nor FXTM is directly regulated by North Macedonia’s local financial regulator, but both hold licenses from respected authorities: XM from CySEC and FSC, and FXTM from CySEC, FCA, and FSC. This means North Macedonia traders benefit from client fund segregation, negative balance protection, and access to dispute resolution mechanisms. XM’s zero-rejection policy offers added security, ensuring traders can always execute trades during volatile markets. FXTM’s FCA regulation provides an extra layer of oversight for UK-based operations.

Depositing and withdrawing funds is straightforward for North Macedonia traders at both brokers. XM Group and FXTM accept Bank Transfer (1-3 business days, fees vary by bank), Skrill (instant, low fees), Neteller (instant, low fees), and USDT TRC20 (instant, minimal fees). XM has a lower minimum deposit of $5 compared to FXTM’s $10, making it more accessible for retail traders. Withdrawals are processed within 24 hours for e-wallets and crypto, while bank transfers take longer. Both brokers do not charge internal fees for deposits or withdrawals, but third-party bank charges may apply. USDT TRC20 is particularly popular among North Macedonia traders for its speed and low cost.

For Muslim traders in North Macedonia, both brokers offer Islamic (swap-free) accounts that comply with Sharia law by eliminating interest on overnight positions. XM Group provides swap-free status automatically on all account types for eligible clients, with no additional fees. FXTM requires a formal request and may charge a small administration fee if positions are held for more than a specified period (e.g., 10 days). XM’s policy is more favorable for long-term traders, while FXTM suits shorter-term strategies.

XM Group offers 24/5 customer support in multiple languages, including English, with live chat, email, and phone options. FXTM also provides 24/5 support but with more localized language options, including Macedonian. For North Macedonia traders, FXTM’s local language support can be a significant advantage, though XM’s response times are generally faster.